Buying auto insurance from online companies is easy, plus you will probably save money. The key is to compare rates from all companies so you can compare the lowest rate quotes.

People who are new to buying insurance may think buying low-cost 2002 insurance can be quite difficult. Lowering your is actually quite simple. You just need to take a few minutes comparing rates from different insurance companies. This can be accomplished by visiting this page.

Rates are impacted by these things

Insurance rates on a 2002 will vary greatly based upon several criteria. Including but not limited to:

• Your driving record
• Your credit history
• Male drivers pay higher rates
• Higher deductibles save money
• Crash test rating for your 2002
• No claims lowers premiums
• Having current coverage saves
• Home ownership saves money

One last important factor that helps determine the rate you pay on your is the year of manufacture. A newer vehicle cost more so repair costs are higher which will push premiums up. On the flip side, new models may have options like active head restraints, adaptive headlights, a backup camera, and tire pressure monitors so those may provide discounts that lower premiums.

Liability coverage

Liability insurance provides protection from damage or injury you incur to people or other property in an accident. Liability insurance covers claims like pain and suffering, repair costs for stationary objects, and legal defense fees. Liability insurance is relatively cheap so purchase as much as you can afford.

Collision insurance

Collision insurance pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder. Collision coverage for your 2002 can be pricey, so consider dropping it from vehicles that are 8 years or older. Another option is to choose a higher deductible to get cheaper .

Comprehensive coverage

This coverage will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage. The maximum amount your auto insurance company will pay is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage gives you protection when other motorists either have no liability insurance or not enough. Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That's why carrying high Uninsured/Underinsured Motorist coverage is very important.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for things like EMT expenses, pain medications, and nursing services. The coverages can be used in conjunction with a health insurance plan or if you lack health insurance entirely. PIP is not universally available but can be used in place of medical payments coverage.